The Oscars are the highest honour in the film industry.

It was Leonardo Dicaprio's night, with the actor taking home the Best Leading Actor Award for his role in The Revenant.

His main gal, Kate Winslet imissed out on the best supporting actress gong, but the world won when she and Leo walked the red carpet together and made our hearts melt!

Representing Australia Mad Max: Fury Road took home a swag of awards out of 10 nominations. Fellow Aussie nominee Cate Blanchett sadly missed out in the Best Leading Actress category, but looked as regal as ever.

Here are the full list of nominees and winners at the 88th Academy Awards: